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INDIA REJECTS ARBITRATION AWARD
India tells arbitration court Indus order holds no waterIndia has rejected an award from the World Bank's Court of Arbitration concerning the Indus Waters Treaty. The Ministry of External Affairs...
Daiichi-Ranbaxy case: Delhi HC orders forensic audit into transactions of Fortis, Singh brothersThe Delhi High Court has appointed a forensic auditor to examine transactions. This audit aims to trace the dissipation of Fortis Healthcar...
India rejects Indus Waters award, says treaty remains in abeyance; ‘illegal’ court has no say in its actionsIn a significant move, India has turned down the arbitration decision related to the Indus Waters Treaty, asserting that the arbitration bo...
SpiceJet seeks extension of time to deposit ₹50 crore in KAL Airways dispute; Delhi HC declines to interfere at this stageThe Delhi High Court declined to issue an interim order regarding SpiceJet's delayed payment. SpiceJet sought more time to deposit the firs...
Singapore diplomat, Myanmar activist, Bangladeshi aid giver win Magsaysay awardsThree Asian individuals received the Ramon Magsaysay Awards for their significant contributions. A Singaporean lawyer led the adoption of t...
Delhi HC orders forensic audit of Fortis, IHH and RHT transactions in $4.6-billion Daiichi-Singh caseThe Delhi High Court on Monday ordered the appointment of a forensic auditor to examine transactions involving Fortis Healthcare, Malaysia’...
PM Modi conferred the Order of 'Oliy Darajali Dustlik,' Uzbekistan's supreme state awardUzbekistan's President Mirziyoyev awarded Prime Minister Modi its highest state honor. The two nations elevated their bilateral ties to a C...
Chhangte, Manisha headline FPAI Awards; East Bengal bag double honourLallianzuala Chhangte and Manisha Kalyan received top honors at the FPAI Indian Football Awards. East Bengal FC celebrated a successful 202...
Judge in Google privacy class action awards lawyers $147 million in legal feesUS District Judge Richard Seeborg in San Francisco granted the fee request by law firms Boies Schiller Flexner, Susman Godfrey and Morgan &...
Quote of the Day by Julie Andrews: 'When one door closes, another window opens'-Inspiring life lessons on resilience, opportunity and starting again by Mary Poppins starJulie Andrews' quote "When one door closes, another window opens" offers wisdom. Her career demonstrates overcoming professional disappoint...
Tata Power Renewable Energy commissions 72.5 MW solar project in RajasthanTata Power Renewable Energy has commissioned a 72.5 megawatt solar project in Rajasthan. This new facility will supply clean energy to Tata...
Tata Power shares slide 4% after company loses $490 million arbitration challenge in Singapore. What's the case about?Tata Power shares tumbled after the Singapore International Commercial Court dismissed the company’s challenge to a $490 million arbitratio...
Can Lumino Industries IPO deliver long-term growth for high-risk investors?Lumino Industries plans a ₹700 crore initial public offering to reduce debt and boost manufacturing capacity. The company expects to benefi...
- Tata Power loses challenge to $490 million arbitration award
Tata Power's challenge to a $490 million arbitration award was rejected by Singapore's court. The court upheld damages awarded to Kleros Ca...
Rs 21 crore awarded to families of 2 HUL managers killed in 2018 Mumbai-Goa highway accidentA Motor Accident Claims Tribunal awarded twenty-one crore rupees to two families. This compensation was for two Hindustan Unilever managers...
Afcons Infrastructure shares rally 4% after receiving Rs 335.5 crore arbitration awardAfcons Infrastructure shares gained 4.40% after the company received a favourable arbitral award of Rs 335.50 crore from a tribunal in its ...
Stocks in news: TCS, ICICI Bank, Hindustan Copper and Piramal FinanceThe Indian equity markets experienced a downturn today, with the Nifty50 index finishing slightly above 24,200. Traders brace for heightene...
Chasing dues could get easier for small businesses under new rules, MSME Secy Bharat Khera explainsThe number of enterprises in the formal ecosystem has increased from around 16.5 million three to four years ago to 92 million currently, s...
President approves Gallantry Medal for former cop who killed 2 dacoits in 2003In a significant update, the Centre has informed the Supreme Court about the President's Medal granted to Vivek Singh Chouhan, honoring his...
Parliamentary panel says excessive judicial interventions slow down arbitration decisionA parliamentary committee noted judicial intervention hinders arbitration efficiency. Excessive court involvement slows down dispute resolu...